Philanthropy at Diocesan through the Heritage Foundation
H E R I T A G E
The April issue of Dio Today outlined the purpose of the Heritage Foundation, the different funds, how those funds are managed, and examples of who may benefit. In this issue, we highlight the growth and distributions from these funds since the Foundation was started in 2001.
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Total funds raised 2002 – 2019 (May) $20.5 million
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The Building Fund has been a major focus for the Foundation with the Dig Deep campaign for the Aquatic Centre and turf project, the Chapel restoration and recently the Arts Centre Grand Circle campaign. Over the period, the Building Fund has raised $11.1m of which $8.2m relates to the Arts Centre (including pledged donations still to be received).
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Excluding the Building Fund, the Foundation’s core funds over 18 years have received generous donations, growing a capital base that today stands at almost $7 million. Over this period, the Heritage Foundation has distributed $2.6m of grants, scholarships and bursaries to students and staff, and for funding projects.
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With the Arts Centre campaign drawing to a close at the end of the year, philanthropy across the School community will refocus on the Foundation’s core funds. The objective is to grow these funds so that they are enduring.
If you wish to learn more or make a donation to one of the Heritage Foundation funds head to https://www.diocesan.school.nz/heritage-foundation or contact Angela Coe acoe@diocesan.school.nz
Flow of funds July 2002 – May 2019 Centennial Fund
Chapel Fund
Student Fund
Arts Fund
Sports Fund
Staff Fund
Building Fund
$3.5m
$0.4m
$1.7m
$0.3m
$0.4m
$0.5m
$3.1m $11.1m
$3.7m
$2.5m
Grants, Bursaries and Scholarships/ Projects
$0.9m
$0.8m
Donations / investment returns
$0.9m $0.6m
$0.1m
$0.2m $0.4m
$0.6m
$0.5m
$0.8m
$8m As at end of May 2019 4
DIO TODAY
